SocraticGadfly: To stimulate or not to stimulate?

July 10, 2009

To stimulate or not to stimulate?

The Wall Street Journal has a news analysis story saying most of the 50-plus economists it surveyed oppose a second government stimulus bill. Some cite inflation as a concern. Others say the first stimulus has had little chance to take effect yet.

Krugman, looking first at wages, has a counterblast.

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